Texas § WA.58.797 - MAXIMUM AMOUNT, INTEREST RATE, AND MATURITY OF BONDS
Full text of Texas The Texas Constitution § WA.58.797 — MAXIMUM AMOUNT, INTEREST RATE, AND MATURITY OF BONDS, with citation guidance and answers to common questions.
§ WA.58.797. MAXIMUM AMOUNT, INTEREST RATE, AND MATURITY OF BONDS
MAXIMUM AMOUNT, INTEREST RATE, AND MATURITY OF BONDS. The maximum amount of bonds to be voted on and issued shall not be more than the total amount of the approved valid, enforceable indebtedness and the estimate of expenses, exclusive of the estimated cost of collection of taxes. The maximum amount of bonds, exclusive of interest and expenses of collection, to be issued for fees and expenses of dissolution of the district shall not be more than an amount equal to $2 times the number of acres in the district. The bonds shall mature serially over a period of not more than seven years. Added by Acts 1977, 65th Leg., p. 1537, ch. 627, Sec. 1, eff. Aug. 29, 1977.
Source: official Texas text · Last verified 2026-08-27
Frequently Asked Questions About Texas § WA.58.797
What does The Texas Constitution § WA.58.797 cover?
Section WA.58.797 ("MAXIMUM AMOUNT, INTEREST RATE, AND MATURITY OF BONDS") is part of the The Texas Constitution, the codified statutory law of Texas. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Texas § WA.58.797?
A common citation format is "The Texas Constitution § WA.58.797" (Texas). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Texas law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Texas official source linked on this page or consult a licensed Texas attorney.
How does Texas § WA.58.797 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Texas can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Texas.